Nice opportunity to sell s&p

FX:SPX500   S&P 500 Index
365 8 8
Comment: Still in a game, but channel seems to be broken
Trade closed: stop reached
You do not see further down if this fib is taken?
Let's see, for confirmation of down move it should brake the previous channel resistance, if not, we can expect bullish move
These last two weeks were of taking out SLs both for bears and bulls... No trend reversals signals though, Weekely are quite bullish. Let´s see next week
+1 Reply
VasilyPonomarev captain_smollett
Yes yes, I agree with you!
if the market breaks, they wont give you a chance to get in. they are forcing shorts to believe it wont go down, then a mother of all gap-downs... 2-3x's the size of the dec 31 -jan 4 2016.
+1 Reply
Do not go against the Fed they always win.All central banks are supporting this market EU JPY China. this is going to 2200 then some retracement but no more crashes for a long time.
I see that it will move up
At the current price, the bulls and bears are not feeling well.
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